Nigeria governors allocate $1bn from excess crude sales to fight Boko Haram

Nigerian state governors on Thursday approved the release of $1 billion in foreign reserves to the government, to fight Boko Haram, according to the governor of Edo state. The money comes from an account that holds foreign reserves from excess earnings from sales of crude oil, Reuters reported. “We are pleased with the federal government achievements in the insurgency war,” Godwin Obaseki, Edo state governor, stated, after a meeting of Nigeria's national economic council. The funds will help fight the insurgency war to its conclusion, the governor vowed.